Hello Group Inc expected to post earnings of CNY2.57 a share - Earnings Preview

Hello

29/08/2023 13:38

* Hello Group Inc  MOMO.OQ   MOMO.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 31. 
    * The Beijing-based  company is expected to report  a
2.3% decrease in revenue to CNY3.039 billion from CNY3.11
billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
June 6 2023, for the period ended June 30, was for revenue
between CNY3.00 billion and CNY3.10 billion.
    * ​Refinitiv's mean analyst estimate for Hello Group Inc is
for
earnings of CNY2.57 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hello Group
Inc
is $10.4​, above​ its last closing price of $9.37. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.90        1.91       2.36      Beat    23.4
 Dec. 31 2023  1.95        1.96       2.46      Beat    25.7
 Sep. 30 2022  2.14        2.14       2.60      Beat    21.7​
 Jun. 30 2022  1.69        1.70       2.22      Beat    31
 ​​Mar.        1.60        1.60       1.94      Beat    21.3
 31 2022                                                
 Dec. 31 2021  1.73        1.66       1.38      Missed  -16.9​
 Sep. 30 2021  2.03        2.02       2.61      Beat    29.3
 Jun. 30 2021  2.18        2.19       2.54      Beat    16.1
 This summary was machine generated August 29 at 12:38 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated